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flag Billionaire Ruby Liu faces Hudson's Bay's threat to end a lease deal for a new mixed-use department store.

flag Billionaire Ruby Liu is attempting to buy 25 leases from Hudson's Bay, but the retailer has threatened to end the lease deal, according to court documents. flag Liu, who owns three malls and a golf course in B.C., plans to use the leases to open a new department store featuring retail, dining, and entertainment spaces. flag However, the deal, which includes a $9.4 million deposit, faces opposition from landlords who lack details about Liu's plans. flag Hudson's Bay claims Liu has not made adequate efforts to secure landlord approval.

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